RMAFC reaffirms commitment to revenue reforms, transparency

By Precious Mark

The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has reaffirmed its commitment to promoting transparency, fairness and accountability in Nigeria’s revenue administration system as part of efforts to strengthen ongoing revenue reforms across the country.

This was contained in a statement issued on Wednesday by the Federal Ministry of Information and National Orientation following a courtesy visit by a delegation of the Joint Revenue Board (JRB), led by Mr. Olusegun Adesokan, its Executive Secretary to the Commission.

According to the statement, Dr. Mohammed Bello Shehu, RMAFC Chairman, said the Commission remained committed to ensuring that ongoing revenue reforms deliver positive outcomes for both government institutions and taxpayers across the federation.

“The Revenue Mobilization, Allocation and Fiscal Commission remains committed to promoting transparency, fairness, and accountability in Nigeria’s revenue administration. As key stakeholders in the nation’s fiscal architecture, we must work together to ensure that ongoing revenue reforms protect the interests of taxpayers while guaranteeing equitable revenue allocation across all levels of government,” Shehu said.

He stressed that stakeholder engagement, policy harmonisation and institutional collaboration were essential to achieving the objectives of the reforms, adding that the Commission would continue to support initiatives aimed at strengthening revenue generation and efficient allocation.

Shehu also acknowledged concerns over aspects of the new tax regime, including tax refunds, revenue allocation and electronic transfer taxation, noting that continued dialogue and technical engagement would help address the issues.

“The Commission is committed to supporting measures that enhance compliance, improve transparency, and foster public confidence in the nation’s tax administration framework,” he added.

“With sustained cooperation among federal and subnational governments, revenue institutions, and proper implementation of the ongoing reforms, we expect to witness significant improvements in revenue collection and fiscal efficiency over the next five to six years.”

The statement further quoted Adesokan as saying that the visit was aimed at strengthening collaboration between the Joint Revenue Board and RMAFC towards the successful implementation of Nigeria’s revenue reforms.

He noted that the reforms were designed to promote fairness, equity and transparency in tax administration while ensuring a clearer revenue allocation system between the federal and subnational governments.

Both organisations restated their commitment to deepening collaboration, improving revenue administration, protecting taxpayers and supporting reforms aimed at strengthening Nigeria’s fiscal framework and accelerating national development.